Question: The classic monocentric city model assumes that all commuting is into the city center. Consider a two-person household in which one person commutes to the city center while the other commutes in the reverse direction to the edge of the city.
a. Draw the household's bid-rent function assuming round-trip commuting costs are the same in either direction.
b. Now assume that round-trip commuting costs are higher commuting in to work in the CBD.